[NEWS] Wonder Girls to save JYPE from Financial Crisis?
2010.04.08
Last year, Wonder Girls had the chance to tour with the Jonas Brothers taking the attention of many and making a name for themselves. They also made it into the Billboard Hot 100 Singles and ‘Nobody’ even become the best selling single of the year. But how did JYPE fair with the expenses of Wonder Girls’ American debut?
On April 6th it was reported by the Financial Supervisory Service that JYP USA’s audit report showed they had a net loss of 4,008,330,000₩ with their sales stopping at 180,750,000₩.
The cost of promotions in America, together with the currency change and the worldwide economic slump were the reasons given for this deficit.
The question is, how will JYP deal with this situation? Using his hidden card…
Wonder Girls are currently scheduled to release a new song on May 15th with an album release party in Los Angeles, California. They will also embark on a world tour in June, starting with 9 concerts across the US.
The Wonder World Tour will be their first solo tour in the US. With this hit or miss large-scale project, JYPE hopes to be saved from their financial problems. If successful, the estimated gain from the tour will be 10 times bigger than what they earned in 2009.
Wonder Girls left Korea at the peak of their career and risked all to enter the US market. Fans are more excited than ever with their soon worldwide comeback which hopefully will take the girls to the top once again.
The new Wonder Girls’ Era is close, are you guys ready to witness it?
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